Problem 3: Chung Inc. is considering the replacement of a piece of equipment with a ne following data has been collected: wer model. The Purchase price Accumulated depreciation Annual operating costs S225,000 90,000 300,000 $375,000 240,000 If Chung replaces the old equipment now, it can be sell it for $60,00. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. What should Chung do? Please provide a chart with your calculations of incremental costs below